St. Louis: No public aid for potential MLS stadium

04.01.2017 16:10source: AP / SI.com

Missouri Governor-elect Eric Greitens is standing firm on his decision to not support state funding for stadiums, including the proposed $200 million soccer stadium in downtown St. Louis. An Associated Press report.

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"To be very clear, I have completely ruled out state funding for stadiums," Greitens said Monday. Greitens, a Republican, will take office next Monday. His comments make it increasingly unlikely that a request for $40 million in tax credits for the proposed MLS stadium project will be approved.

The investor group SC STL is seeking up to $80 million in city funding, in addition to the state tax credits, in hopes of building a stadium that will attract a Major League Soccer expansion team. A spokesman for SC STL on Tuesday declined immediate comment.

Greitens, a Republican, will take office next Monday. His comments make it increasingly unlikely that a request for $40 million in tax credits for the soccer stadium project will be approved.

The investor group SC STL is seeking up to $80 million in city funding, in addition to the state tax credits, in hopes of building a stadium that will attract a Major League Soccer expansion team. A spokesman for SC STL on Tuesday declined immediate comment.